Scapa Group (LON:SCPA) had its target price hoisted by analysts at Berenberg Bank from GBX 500 ($6.53) to GBX 520 ($6.79) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 48.06% from the stock’s previous close.

Separately, Numis Securities restated a “buy” rating and set a GBX 535 ($6.99) target price on shares of Scapa Group in a report on Wednesday, October 10th.

Shares of SCPA stock opened at GBX 351.20 ($4.59) on Thursday. Scapa Group has a 12 month low of GBX 347.50 ($4.54) and a 12 month high of GBX 522.39 ($6.83).

In other news, insider Martin Sawkins bought 6,500 shares of the stock in a transaction that occurred on Friday, November 23rd. The shares were acquired at an average cost of GBX 314 ($4.10) per share, for a total transaction of £20,410 ($26,669.28). Also, insider Joseph Davin sold 83,358 shares of the business’s stock in a transaction on Thursday, September 20th. The stock was sold at an average price of GBX 454 ($5.93), for a total transaction of £378,445.32 ($494,505.84).

About Scapa Group

Scapa Group plc, together with its subsidiaries, manufactures and sells bonding products and adhesive components for applications in the healthcare and industrial markets in the United Kingdom and internationally. It offers aluminum foil, acrylic foam, barnier system, cable wrapping, cloth, double sided and transfer, double and single sided foam, foam plate mounting, heatseal, packaging, paper masking, PIB sheeting, polyethylene, PVC, self-amalgamating, and specialist film tapes, as well as resins and putties.

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